Wallbox N.V. announced its financial results for the second quarter ended June 30, 2025, on July 31, 2025. The company reported revenue of €38.289 million, a 22% decrease from €48.843 million in Q2 2024. However, net loss improved to €16.062 million, compared to €27.809 million in the same period last year.
Adjusted EBITDA for Q2 2025 also showed improvement, reaching negative €7.505 million, compared to negative €11.205 million in Q2 2024. The gross margin for the quarter was 37.83%. The company noted that AC product sales improved quarter-over-quarter, and software and services showed the fastest growth.
For the third quarter of 2025, Wallbox provided guidance expecting revenue between €38 million and €41 million, a gross margin of 37% to 39%, and Adjusted EBITDA between negative €6 million and negative €4 million. CEO Enric Asuncion highlighted the installation of the first Quasar 2 units in California and the securing of approximately $15 million in new funding during the quarter, reinforcing confidence in achieving Adjusted EBITDA breakeven in the near term.
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